Decoding Your Asset Label Inventory

Labels are everywhere. You can’t get through an entire day without seeing labels of some kind. But what information do the labels you see hold? And do you know what kind of information can be kept in labels that is not visible to the public eye? When it comes to your company’s asset label inventory, consistency, accuracy, and detail are key.

No matter the size of your company and the number of assets and/or inventory you carry, it’s important to have an easy-to-use way to track the movement of these items in and out of your doors. Companies are keeping closer tabs on how and where they are spending their dollars and proper asset tracking is one of the most overlooked ways to actually save companies both time and money.

By keeping a handle on your assets and inventory, you are increasing your efficiency, which allows you to make more informed and accurate decisions. That means finding an asset tracking system that works for you and grows and changes as your business grows and changes is really important.

So how does an asset label inventory come into play when speaking of asset tracking? The label has the ability to tell the entire lifecycle of an asset or item in inventory. Used with a dependable asset tracking system, labels identify equipment using a unique serial number, or barcode, which helps to speed data entry, reduce field entry errors, enable easier check-in/check-out of equipment, track costs and maintenance records.

In today’s asset tracking systems, the use of a barcode scanner that can be used right from a user’s own smartphone or tablet has greatly simplified the entire process of tracking and managing assets right from the moment a label is scanned. Users can attach a wealth of information to each item scanned including photos, videos, notes, alerts and even user manuals. Flexibility and customization are two key elements that your asset tracking app of choice should give you. Find a system that works how you work — not one that works as it thinks you should.

There is no limit on what can be tracked with within your label inventory. Physical assets like IT hardware, warehouse machinery, company vehicles, medical supplies, or even office furniture can be easily tracked with the appropriate tag. One scan of an asset label eliminates the need to sort through large amounts of potentially outdated information and gives users up-to-date data anytime and from anywhere.

Yes, labeling and keeping up with all of your assets and inventory can be a daunting task. But thanks to Asset Panda, it can also be incredibly simple. Our free mobile iOS and Android apps sync with the cloud and include a mobile barcode scanner, so there’s no additional handheld barcode scanner required. Nor will you need any other hardware, software or software licenses to use Asset Panda. All you need is the smartphone or tablet you already carry – or use the web app if you prefer. Our app syncs with the cloud, so your data is served up in real-time, all the time. That kind of transparency promotes accuracy and accountability throughout your entire organization.

Take a look at your current label inventory and see if they are giving you the whole picture when it comes to your assets. Give Asset Panda a try with a free 14-day trial and get all your assets, with labels properly affixed, in their right place. Visit www.assetpanda.com today to get started.